Google backs India’s ShareChat in $300 mln funding round at $5 bln valuation

Google backs India’s ShareChat in $300 mln funding round at $5 bln valuation

ShareChat logos are seen in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, May 30 (Reuters) – The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s (GOOGL.O) Google, media giant Times Group and Singapore’s Temasek Holdings, valuing the social media firm at nearly $5 billion, two sources involved in the deal discussions told Reuters. A… Source link

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Al Horford making most of 2nd chance with Celtics

Al Horford making most of 2nd chance with Celtics

Following a dysfunctional 2018-19 season that ended with Kyrie Irving sabotaging the Boston Celtics in a second-round playoff exit and reneging on his commitment to re-sign with the storied franchise, Al Horford chose the security of a more lucrative $109 million offer from the Philadelphia 76ers to leave in free agency. Two seasons later, the prodigal veteran found his way home to Boston, where the fledgling Celtics he left were preparing to spread their own All-Star wings, and together they… Source link

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Spanish Inflation Unexpectedly Quickens, Raising Pressure on ECB

Spanish Inflation Unexpectedly Quickens, Raising Pressure on ECB

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast Most Read from Bloomberg Spanish inflation unexpectedly quickened, denting hopes that the euro zone’s record price surge is peaking and piling more pressure on the European Central Bank to act. The acceleration — to 8.5% in May from 8.3% the previous month under European Union harmonized standards — came as increases in fuel costs offset an easing in electricity prices that have… Source link

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Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings, and a lack of attractiveness to financiers. These challenges befall millions of micro-retailers across the continent, and Betastore, a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. The Betastore marketplace enables informal traders to source fast… Source link

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A researcher’s avatar was sexually assaulted on a metaverse platform owned by Meta, making her the latest victim of sexual abuse on Meta’s platforms, watchdog says

A researcher’s avatar was sexually assaulted on a metaverse platform owned by Meta, making her the latest victim of sexual abuse on Meta’s platforms, watchdog says

Meta CEO Mark Zuckerberg.Drew Angerer/Getty Images A nonprofit advocacy group says a researcher’s avatar was raped in the metaverse. Other Meta users have also said they were sexually harassed or abused in the metaverse. Meta investors wanted a report on harms facing metaverse users, but shareholders rejected the idea. A researcher entered the metaverse wanting to study users’ behavior on Meta’s social-networking platform Horizon World. But within an hour after she donned her Oculus… Source link

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Is User-Generated Content (UGC) A Google Ranking Factor?

Is User-Generated Content (UGC) A Google Ranking Factor?

User-generated content (UGC) can help boost the content value on a page by adding new perspectives and engaging information for other readers – and at no cost to the content creator. Common types of UGC used to increase word count include tagged content from social media, blog comments, ratings and reviews, and forum posts. But can UGC affect your organic search rankings? Read on to learn whether there is any connection between user-generated content and improved Google rankings. The… Source link

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Google Assistant develops personalised speech recognition feature

Google Assistant develops personalised speech recognition feature

Google Assistant will soon recognise your voice as the company is working on a personalised speech recognition feature. According to 9to5Google, the tool will help Google Assistant get “better at recognising your frequent words and names.” The “Personalised speech recognition” feature will appear in Google Assistant settings. The feature description reads: “Store audio recordings on this device to help Google… Source link

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Amundi Turning Bullish on China Stocks, Still Cautious on Tech

Amundi Turning Bullish on China Stocks, Still Cautious on Tech

(Bloomberg) — Investors should be ready for China’s stocks to outperform as potential positive catalysts loom, according to Europe’s largest asset manager Amundi SA. Most Read from Bloomberg The firm is turning more bullish on the country’s equities market after trimming exposure during the first quarter’s harsh selloff, according to Vincent Mortier, Amundi’s chief investment officer. Key developments to watch include the potential rollout of a homegrown mRNA Covid-19 vaccine and… Source link

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Ride Sharing Market Size Rising at 23.3% CAGR & Will Reach USD 178100 Mln in 2028: Yandex, Wingz, Via, Uber, Ola Cabs, Meituan, Lyft, Grab, Go-Jek, FREE NOW, DiDi

Ride Sharing Market Size Rising at 23.3% CAGR & Will Reach USD 178100 Mln in 2028: Yandex, Wingz, Via, Uber, Ola Cabs, Meituan, Lyft, Grab, Go-Jek, FREE NOW, DiDi

Ride Sharing Market Dynamics 2022-2028, Regional Analysis, Segmentation, Competitive Landscape, COVID-19 Impact, Recent Developments and SWOT Analysis This press release was orginally distributed by SBWire London, UK — (SBWIRE) — 05/29/2022 — The global Ride Sharing market research is a reliable resource for business participants seeking market data, critical trends, current patterns, and future prospects. The research provides a sector valuation based on the report’s extensive… Source link

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Nancy Pelosi’s husband Paul Pelosi arrested, charged with DUI in California

Nancy Pelosi’s husband Paul Pelosi arrested, charged with DUI in California

WASHINGTON – Paul Pelosi, the husband of House Speaker Nancy Pelosi, was arrested Saturday in Napa, California, for allegedly driving under the influence, according to county records. A booking report shows Paul Pelosi, 82, was arrested at 11:44 p.m. PT Saturday, booked at 4 a.m. Sunday and charged with misdemeanors for allegedly driving with a blood alcohol content of 0.08% or higher. Bail was set at $5,000. Nancy Pelosi was not in California at the time of her husband’s arrest. She was in… Source link

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